KeyBank 2014 Annual Report Download - page 125

Consolidated Statements of Changes in Equity
Key Shareholders’ Equity
dollars in millions, except per share amounts
Preferred Shares
Outstanding
(000)
Common Shares
Outstanding
(000)
Preferred
Stock
Common
Shares
Capital
Surplus
Retained
Earnings
Treasury
Stock, at
Cost
Accumulated
Other
Comprehensive
Income (Loss)
Noncontrolling
Interests
BALANCE AT DECEMBER 31, 2011 2,905 953,008 $291 $1,017 $4,194 $6,246 $(1,815) $ (28) $ 17
Net income (loss) 858 7
Other comprehensive income (loss):
Net unrealized gains (losses) on securities available for sale, net of
income taxes of ($58) (98)
Net unrealized gains (losses) on derivative financial instruments, net
of income taxes of $12 20
Foreign currency translation adjustments, net of income taxes of ($3) 10
Net pension and postretirement benefit costs, net of income taxes of
($17) (28)
Deferred compensation 17
Cash dividends declared on common shares ($.18 per share) (169)
Cash dividends declared on Noncumulative Series A Preferred Stock
($7.75 per share) (22)
Common shares repurchased (30,637) (251)
Common shares reissued (returned) for stock options and other employee
benefit plans 3,398 (85) 114
Net contribution from (distribution to) noncontrolling interests 14
BALANCE AT DECEMBER 31, 2012 2,905 925,769 $291 $1,017 $4,126 $6,913 $ (1,952) $(124) $ 38
Net income (loss) 910 —
Other comprehensive income (loss):
Net unrealized gains (losses) on securities available for sale, net of
income taxes of ($173) (292)
Net unrealized gains (losses) on derivative financial instruments, net
of income taxes of ($17) (29)
Foreign currency translation adjustments, net of income taxes of ($3) (13)
Net pension and postretirement benefit costs, net of income taxes of
$63 106
Cash dividends declared on common shares ($.215 per share) (194)
Cash dividends declared on Noncumulative Series A Preferred Stock
($7.75 per share) (23)
Common shares repurchased (41,599) (474)
Common shares reissued (returned) for stock options and other employee
benefit plans 6,554 (104) 145
Net contribution from (distribution to) noncontrolling interests (21)
BALANCE AT DECEMBER 31, 2013 2,905 890,724 $291 $1,017 $4,022 $7,606 $ (2,281) $(352) $ 17
Net income (loss) 900 7
Other comprehensive income (loss):
Net unrealized gains (losses) on securities available for sale, net of
income taxes of $35 59
Net unrealized gains (losses) on derivative financial instruments, net
of income taxes of $2 3
Foreign currency translation adjustments, net of income taxes of ($8) (20)
Net pension and postretirement benefit costs, net of income taxes of
($27) (46)
Deferred compensation 2
Cash dividends declared on common shares ($.25 per share) (218)
Cash dividends declared on Noncumulative Series A Preferred Stock
($7.75 per share) (22)
Common shares repurchased (36,285) (484)
Common shares reissued (returned) for stock options and other employee
benefit plans 4,964 (38) 84
LIHTC guaranteed funds put 7
Net contribution from (distribution to) noncontrolling interests (12)
BALANCE AT DECEMBER 31, 2014 2,905 859,403 $291 $1,017 $3,986 $8,273 $ (2,681) $(356) $ 12
See Notes to Consolidated Financial Statements.
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